NOT LISTED FOR SALE

1909 Springfield Ave Salem, VA 24153

Estimated Value: $167,000 - $225,000

3 Beds
1 Bath
1,385 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $87,700 $63 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,067/month

65 Days on Market

Highlights

  • Sun or Florida Room
  • Covered Patio or Porch
  • Forced Air Heating System
  • No HOA
  • Fenced Yard
  • Ceiling Fan

About This Home

As of July 2018

Wonderful 1 1/2 story home in Salem, just minutes from downtown and other great amenities! This home sits on a large lot with a paved driveway and relaxing front porch. Inside you'll be greeted by beautiful hardwood floors and rustic charm. Great opportunity as investment property or a live-in renovation.

Last Agent to Sell the Property

Andrew Chester

IVY REALTY LLC License #0225224998 Listed on: 03/29/2018

Last Buyer's Agent

Andrew Chester

IVY REALTY LLC License #0225224998 Listed on: 03/29/2018

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard
  • Gentle Sloping Lot
  • Cleared Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home

Interior Spaces

  • 1,385 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • East Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,025

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Gas, Refrigerator
  • Cooling System: Window A/C
  • Outside Features: Covered Porch, Fenced Yard, Paved Driveway, Sunroom
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 815.00
  • ExteriorDoors: Wood
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1385
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1385.00
  • TotalUnfin Sq Ft: 648.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 648.00
  • UpperAboveGrdFin Sq Ft: 570.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.34
  • Lot: 2
  • ZoningCode: RSF

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1025.00

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jul 9, 2018
Sold by
Downtown Holdings Llc
Bought by
Eldridge Chester
Seller's Agent
Andrew Chester
IVY REALTY LLC
Buyer's Agent
Andrew Chester
IVY REALTY LLC
List Price
$89,500
Sold Price
$87,700
Premium/Discount to List
-$1,800
-2.01%
Current Estimated Value
$192,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,919
Avg. Annual Appreciation
11.11%
Original Mortgage
$86,111
Outstanding Balance
$74,208
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$118,411

Purchase Details

Closed on
Mar 13, 2018
Sold by
Commonwealth Trustees Llc and Edward Mark
Bought by
Downtown Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
4.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2016
Sold by
Meyer Mark E
Bought by
Meyer Mark E and Meyer Katie T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eldridge Chester $87,700 First Choice Title & Settlem
Downtown Holdings Llc $60,000 First Choice Title & Settlem
Meyer Mark E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge Chester $86,111
Previous Owner Downtown Holdings Llc $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $87,700 -2.0% $63 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $89,500 -- $65 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $733 $124,300 $29,800 $94,500
2024 $679 $113,200 $28,600 $84,600
2023 $1,214 $101,200 $26,700 $74,500
2022 $1,128 $94,000 $22,200 $71,800
2021 $1,103 $91,900 $21,000 $70,900
2020 $1,073 $89,400 $21,000 $68,400
2019 $1,060 $88,300 $21,000 $67,300
2018 $1,086 $92,000 $21,000 $71,000
2017 $1,074 $91,000 $21,000 $70,000
2016 $1,074 $91,000 $21,000 $70,000
2015 $1,025 $86,900 $20,500 $66,400
2014 $1,025 $86,900 $20,500 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 846549

Roanoke Valley Association of REALTORS®

APN: 79-3-19